1. The Blackstone Group Inc.
Founded in 1985 and headquartered in New York, with offices in London, Hong Kong, Beijing, and Dubai, The Blackstone Group Inc. (BX) leads with $881 billion in total AUM.
The company invests across a broad range of market sectors, including energy, retail, and technology. While private equity ($126 billion) is its largest category of investments, Blackstone also has hundreds of billions of dollars in holdings in real estate, credit, and hedge fund solutions. Among its 107 portfolio companies are financial markets data and infrastructure provider Refinitiv, digital family history services provider Ancestry, and dating and social networking apps owner and operator Bumble.
2. KKR & Co. Inc.
KKR & Co. Inc. (KKR), formerly Kohlberg Kravis Roberts & Co., has total AUM of $459 billion. Founded in 1976 and headquartered in New York, KKR is known for being one of the first firms to engage in large-scale leveraged buyouts, which are still one of the firm’s specialties.
Among the firm’s noteworthy transactions are its 1989 leveraged buyout of RJR Nabisco and its 2007 buyout of TXU, the largest leveraged buyout on record. Among its current portfolio holdings are Fiserv Inc., Optiv, and PetVet.
3. CVC Capital Partners
CVC Capital Partners has nearly $122 billion of total AUM, and its private equity platforms manage $92 billion of assets. Founded in 1981, CVC employs more than 650 people, including 300 investment professionals, in 24 offices worldwide. Its private equity portfolio includes 114 companies around the globe.
4. The Carlyle Group Inc.
The Carlyle Group Inc. (CG) has a total AUM of $293 billion, employs more than 1,800 professionals worldwide, and operates through 26 offices across five continents. The company was founded in 1987 and is headquartered in Washington, D.C. Its corporate private equity unit has AUM of $161 billion, and notable current holdings include Supreme, Workforce Logiq, and Orion Breweries Ltd. of Japan.
5. Thoma Bravo
Thoma Bravo has $91 billion AUM and more than 40 years of experience in providing capital and strategic support to experienced management teams and growing software and technology companies. Some of the most notable companies in its portfolio include McAfee, Conga, and Anchorage.